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Accenture (ACN) Expands Banking Role With UniCredit And IBM Partnership
Simply Wall St.2d agobullish
Accenture (ACN) Expands Banking Role With UniCredit And IBM Partnership

Accenture (NYSE:ACN) has agreed to a new collaboration with UniCredit and IBM to build a next generation banking platform in Europe. The arrangement includes Accenture acquiring a majority stake in a joint venture that will manage a large share of UniCredit’s technology infrastructure. IBM will work on modernizing UniCredit’s technology stack as part of this multi year initiative. Accenture is a global consulting and technology services company, and this move deepens its role in core...

IBM (IBM) and Partners Reach Trusted Quantum Breakthroughs Beyond Classical Computing
Simply Wall St.4d agobullish
IBM (IBM) and Partners Reach Trusted Quantum Breakthroughs Beyond Classical Computing

IBM (NYSE:IBM) and its partners report multiple independent breakthroughs in quantum computing. The company says it has achieved quantum advantage using error mitigated computations that classical systems cannot feasibly reproduce. Collaborations span Algorithmiq, Qedma, RIKEN, BlueQubit, and the University of Chicago, focusing on verification frameworks, logical qubits, and commercial error mitigation. IBM is best known for its hybrid cloud, software, and consulting businesses, but quantum...

Popular crypto stock jumps after acquiring nearly 1,000 patents
TheStreet8d agobullish
Popular crypto stock jumps after acquiring nearly 1,000 patents

Circle Internet Group (NYSE: CRCL) said on July 27 it had acquired IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide to its intellectual property. The company, which issues the USDC stablecoin, said the acquisition makes it the largest ...

IBM (IBM) Is Buying HRL Laboratories To Broaden Its Quantum Computing Bet
Simply Wall St.12d agobullish
IBM (IBM) Is Buying HRL Laboratories To Broaden Its Quantum Computing Bet

IBM (NYSE:IBM) has signed a definitive agreement to acquire HRL Laboratories. The deal is intended to expand IBM's quantum computing portfolio by adding HRL's silicon spin qubit expertise. The acquisition is focused on longer term progress in scalable and fault tolerant quantum systems. For investors tracking IBM, this move fits within the core of the company’s long term quantum computing ambitions. IBM has been building out quantum hardware, software, and ecosystem partnerships, and HRL...

IBM buys HRL Laboratories in shift to two-track quantum computing strategy
Reuters13d agobullish
IBM buys HRL Laboratories in shift to two-track quantum computing strategy

IBM has agreed to buy HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co and General Motors, the ‌company said on Thursday, adding a second pillar to IBM's quantum computing efforts. IBM has been racing ‌against Alphabet's Google, Microsoft and others to create practical quantum machines that can crack problems that would take conventional computers thousands ​of years to solve. In May, U.S. President Donald Trump's administration said it would award $1 billion to IBM to set up a new company called Anderon in New Albany, New York, to serve as a chip factory for U.S. quantum computing firms.

Bloomberg13d agobullish
Intel Needs More Than Blowout Earnings as Chips Rally Falters

(Bloomberg) -- Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Le

Earn 14% While You Wait To Buy ACN Stock On Sale
Trefis18d agobullish
Earn 14% While You Wait To Buy ACN Stock On Sale

Here is a way to collect an attractive income stream on a top-tier tech consultant now, which you keep no matter what, while lining up a chance to buy the stock at a serious discount if it keeps falling.